District 279 Foundation

Analysis

District 279 Foundation is a registered charity in United States, based in Maple Grove, MN. It received its IRS tax-exemption ruling in April 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, District 279 Foundation reported income of $199k and spending of $167k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $180k to $199k (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, District 279 Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within MN. Charities of a similar size with the same main cause include Masters Christian High School ($199k), Little League Baseball Inc ($199k) and Ventura County Leadership Academy Inc ($199k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 10% of the total. Other salaries and wages came to $59k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 3 employees.